GGRAsia – Coronavirus Crisis

Coronavirus Crisis

No coronavirus panic, dividend up as profit jumps: NagaCorp

Feb 11, 2020 Newsdesk Coronavirus Crisis, Latest News, Rest of Asia, Top of the deck

Cambodian casino operator NagaCorp Ltd says it “remains confident that even if its financial performance may be impacted” by the current coronavirus crisis “in the next six months of...

Macau govt non-committal on casino closure extension

Feb 10, 2020 Newsdesk Coronavirus Crisis, Latest News, Macau, Top of the deck

Health authorities in Macau are still evaluating the impact on public health of a 15-day closure order to the city’s casino industry. Asked about the matter during a Monday government briefing,...

Three months for Macau to recover from crisis: trade group

Feb 10, 2020 Newsdesk Coronavirus Crisis, Latest News, Macau, Top of the deck

Macau’s casino industry will need at least three months for business to return to normal operations once the current coronavirus outbreak is controlled. That is according to the Macau Gaming...

Over US$25mln in coronavirus aid by Macau casinos, junkets

Feb 10, 2020 Newsdesk Coronavirus Crisis, Latest News, Macau, Top of the deck

Macau casino operators and junket firms have so far in aggregate donated more than MOP200 million (US$25 million) either for research, infection-prevention, or treatment efforts regarding the novel...

Macau Legend pauses ops at two hotels at Fisherman’s Warf

Feb 10, 2020 Newsdesk Coronavirus Crisis, Latest News, Macau, Top of the deck

Hong Kong-listed casino services firm Macau Legend Development Ltd has suspended operations at two of its three hotels at the waterfront entertainment complex Macau Fisherman’s Wharf, located on...

City of Dreams Macau offers hotel refunds up to Feb 29

Feb 07, 2020 Newsdesk Coronavirus Crisis, Latest News, Macau, Top of the deck

Two Macau casino resorts promoted by Melco Resorts and Entertainment Ltd – City of Dreams Macau and Studio City – have posted notices on their respective websites offering to reschedule...

S&P negative watch on 2 Macau Melco units re credit

Feb 07, 2020 Newsdesk Coronavirus Crisis, Latest News, Macau, Top of the deck

Standard & Poor’s Financial Services LLC said in a Thursday circular it had placed all of its credit ratings for two major Macau subsidiaries of casino operator Melco Resorts and Entertainment...

Three Sands China hotels on Cotai pause operations Friday

Feb 06, 2020 Newsdesk Coronavirus Crisis, Latest News, Macau, Top of the deck

Three five-star Cotai hotels promoted by Macau casino operator Sands China Ltd are to have operations “suspended” with effect from Friday, a Macau government official said in a Thursday...

2H recovery for Macau if contagion stopped: analysts

Feb 06, 2020 Newsdesk Coronavirus Crisis, Latest News, Macau, Top of the deck

Demand for Macau casino gambling could make a strong recovery in the second half of the year, provided China’s coronavirus outbreak can be controlled soon, says a report from Sanford C. Bernstein...

Junket lay-off risk if virus lingers: Macau VIP biz rep

Feb 05, 2020 Newsdesk Coronavirus Crisis, Latest News, Macau, Top of the deck

Macau’s smaller casino junket firms – that had already faced a slowdown last year on knocks to Chinese consumer confidence linked to the United States-China trade war – might need...

PREV 1 234 5 NEXT LAST

The most popular gambling games and slots in Asia, according to 1xBet

Aug 16, 2024

For global betting company 1xBet, Asia is a key market for several reasons. Firstly, it is the largest region in terms of population and density, home to about 5 billion people, or 60 percent of the world’s total. Secondly, Asia’s gambling entertainment history spans thousands of years, with...